Europe’s Most Important Trade Route Is at Risk From Climate Change August 2, 2023 By Petra Sorge, Wilfried Eckl-Dorna and Carolynn Look The Rhine River has been a reliable shipping lane for centuries, helping spawn industrial giants along its banks. But those...
Japan Casualty Insurers’ Shares Sink on Concerns Over Suspected Price Fixing August 2, 2023 By Taiga Uranaka and Nao Sano A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion is likely...
2 Investors Take Minority Stake in Mosaic Insurance, Providing Capital for Growth August 2, 2023 Mosaic Insurance has secured strategic investment from two US growth-capital providers to drive the specialty insurer’s talent acquisition and product...
Re/insurance Broker Consilium Granted License in Cayman Islands August 2, 2023 Consilium, the London-based re/insurance brokerage arm of Aventum Group, has been granted a license by the Cayman Islands Monetary Authority...
Point of No Return? Australians Fight for the Right to Work Permanently From Home August 2, 2023 By Byron Kaye Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called...
GAO Urges Changes to NFIP as Study Highlights Potential $27B Shortfall August 2, 2023 By Ezra Amacher FEMA’s National Flood Insurance Program (NFIP) substantially improved ratemaking by implementing Risk Rating 2.0 in 2021 but the program faces...
Aon: Public D&O Pricing Drops for Fifth Straight Quarter; 96% Retain Carriers August 2, 2023 By Jahna Jacobson Despite movement in limit and deductible levels, public directors & officers (D&O) pricing continues to drop for the fifth consecutive...
Fintech Vesttoo to Slash Jobs After Fake Collateral Scandal August 2, 2023 By Steven Scheer Financial services company Vesttoo said on Tuesday it was laying off about 75% of its staff and closing some offices...
X, Musk Seek Dismissal of Lawsuit Over Ex-Twitter Workers’ Severance Pay August 2, 2023 By Daniel Wiessner X Corp, the social media company formerly known as Twitter, and owner Elon Musk have asked a Delaware federal judge...
SC Police Officer and Recruit Agree to Avoid Cop Work After False Insurance Claim August 2, 2023 A South Carolina police officer and his roommate, a police department recruit, will face only misdemeanor penalties after agreeing to...